Top News
Northmarq Writes $38.9Mln Fannie Loan for Kansas City, Mo., Apartment Buy
Northmarq has provided $38.9 million of Fannie Mae financing to facilitate the purchase of Element by Watermark, a 276-unit apartment complex in Kansas City, Mo. Timberland Partners of Minneapolis purchased the property from its developer, Thompson Thrift Residential. The purchase...
Logistics Firm to Lease 1Mln-SF Warehouse in North Fort Worth, Texas
Dallas Morning News ITS Logistics has agreed to lease a 1 million-square-foot warehouse property that's currently under construction in North Fort Worth, Texas. The building that the Reno, Nev., logistics firm is leasing will be part of the Intermodal Logistics...
Ground to Break on 2 Plano, Texas, Office Buildings
Dallas Morning News Ground is breaking in January on a pair of office buildings totaling more than 200,000 square feet in the Dallas suburb of Plano, Texas. Primera Cos. is developing the buildings as part of its Towne Square office...
Highwoods Properties Seen Buying Dallas’ McKinney & Olive Building
Dallas Morning News The buzz is Highwoods Properties is in talks to buy the 536,000-square-foot McKinney & Olive office building in Dallas' Uptown neighborhood. The Raleigh, N.C., REIT would be buying the 20-story property from its developer, Crescent Real Estate...
192-Unit Apartment Complex in Dover, N.H., Sells for $29.1Mln
REBusiness Online Brady Sullivan Properties has paid $29.1 million, or $151,562/unit, for White Cliffs at Dover, a 192-unit apartment property in Dover, N.H. The Manchester, N.H., company bought the garden-style complex from an unidentified seller in a deal brokered by...
Wood Partners Breaks Ground on 360-Unit Apartment Property in Avondale, Ariz.
AZ Big Media Wood Partners has broken ground on Alta Avondale, a 360-unit apartment property in Avondale, Ariz. The Atlanta developer is building the property at the northwest corner of Avondale Boulevard and Van Buren Street, about 15 miles...
Ground Breaks on Bradenton, Fla., Industrial Project
Tampa Bay Business Journal A venture of Barron Colliers Cos. and Imminent Ventures has broken ground on a 563,451-square-foot industrial property in Bradenton, Fla. The property, dubbed Manatee County Logistics Center, is being built at 44th Avenue East and...
Cary, N.C., Medical Office Property Trades for $14.25Mln
Charlotte Business Journal Flagship Healthcare Properties has paid $14.25 million, or about $198.17/sf, for a two-building medical office property in Cary, N.C. Alex Brown Realty sold the property, which sits on 5.43 acres at 101 and 105 SW Cary...
2 Raleigh, N.C., Hotels Sold for $86.3Mln
Atlanta Business Chronicle Noble Investment Group has bought two nearby hotels in Raleigh, N.C., for $86.3 million. The Atlanta hotel investor purchased the properties from the Abu Dhabi Investment Authority. The properties are the Renaissance Raleigh North Hills Hotel,...
Nonperforming Loan Against Oheka Castle on Long Island, N.Y., Offered for Sale
The $27.98 million mortgage against Oheka Castle, an historic mansion on Long Island's North Shore that in 1941 starred as Xanadu in the classic movie "Citizen Kane," and in the 1990s and early 2000s was converted into a 32-room...
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